The string of arbitration suits against the government suggests a new strategy
DGH objects to joint development of G4 & 98/2 fields
Reliance Industries (RIL) has slapped a third arbitration notice on the government, this time seeking damages for taking away…
With crude prices ruling low, company may get some relief from rising subsidy bill
In a setback to Cairn India, the Directorate General of Hydrocarbons (DGH) has said that the expenditure…
Govt mulls shift to uniform licensing, revenue-sharing model
The three public sector companies — ONGC, IOC and BPCL — are actively considering booking capacities to import liquefied…
At a time when global energy giants are cutting costs on falling crude oil price, state-run ONGC would not reduce…
States such as Odisha not willing to follow Centre’s direction
Seeks law ministry’s views on DGH’s suggestions
New checks on well near boundary show pressure has dropped
Seizing the opportunity provided by the global price of crude falling to less than $50 a barrel, India is planning…
Up to government now to decide on tenure, fiscal terms of extra PSC years
After getting going on one of their arbitration proceedings — over three years after it first began…
Last year saw investments of more than R2,000 crore…
Thought the new regime for gas pricing put in place by the Narendra Modi government would inevitably lead to increase…
Brent crude slumped to under $45 a barrel last week, gaining marginally to about $50 on Friday.
Contractors of small and medium-sized hydrocarbon fields, many of whom have already recovered…
